SCY 0.00% 14.0¢ smiths city group limited

Ann: GENERAL: SCY: Share Movements

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    SCY
    12/07/2013 15:21
    GENERAL
    
    REL: 1521 HRS Smiths City Group Limited
    
    GENERAL: SCY: Share Movements
    
    Share Movements
    Date: 12 July 2013
    The Board of Directors of Smiths City Group ("the Group") confirms the
    following share movements between substantial shareholders in the Group:
    - Retail Management Services 2000 Limited- a company associated with Smiths
    City Group Director Richard Hellings - sold 1,250,000 shares to LLS
    Charitable Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per
    share.
    - Extra Strength No. 164 Limited - a company associated with Smiths City
    Group Director Craig Boyce - sold 1,000,000 shares to LLS Charitable
    Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per share.
     - J A Dobson & P S Dobson & J R Thomson & N S Anderson a trust associated
    with Smiths City Group Director John Dobson - sold 250,000 shares to LLS
    Charitable Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per
    share.
    LLS Charitable Remainder Unitrust dated 12/28/89 is an entity associated with
    an existing substantial security holder Guaranty Finance Investors LLC and
    associated parties.
    Both Retail Management Services 2000 Limited and Guaranty Finance Investors
    LLC and associated parties are, before and after this transaction,
    Substantial Shareholders as defined by the New Zealand Stock Exchange.
    Guaranty Finance Investors LLC and associated parties including LLS
    Charitable Remainder Unitrust dated 12/28/89 are a long term holder of shares
    in the Group and this takes their total holding up from 11.90 % to 17.32.% of
    the company's shares.
    All requisite notices have been lodged with the NZX.
    In accordance with the NZX listing rule 3.4.3 this transaction was approved
    by the Independent Directors of the Group."
    For further information please contact:
            Rick Hellings, Managing Director (029 983
    3011)
    End CA:00238557 For:SCY    Type:GENERAL    Time:2013-07-12 15:21:19
    				
 
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